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Russia's Unprecedented Gold Purchase 7x the Usual Tonnage!
Russia is ramping up its gold purchases, with daily buys skyrocketing from 1.12 billion rubles to 8.2 billion rubles. This strategic move is seen as an effort to undermine the U.S.-led financial order, particularly as BRICS nations explore alternatives to the dollar. Could this lead to a gold-backed trading system? Meanwhile, the U.S. economy shows signs of distress, with bond yields plunging and fears of recession rising. Is the dollar in trouble?
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